The government of Kenya to implement a raft of measures to address the current high…

The Kenyan shilling depreciated by 0.3 per cent against the US dollar between July 18…

Right across the financial divide, the company reported strongly. Even more remarkable and unprecedented, the Nigerian cement company declared a dividend of N$ 2.61, which was paid instantly during the shareholders’ meeting. This is not something that often happens, if at all.

Normally a company declares a dividend, and then what follows is a process where shareholders are notified by either their stockbrokers, the company itself or the press of the dividend on offer and which shareholders are eligible for the payout, usually those shareholders who are on the company’s record on or before a specific date. This was not the case at the BUA Cement Limited shareholder’s meeting.

The dividend was declared during the meeting and was paid to shareholders before they left the auditorium where they were gathered.

The Africa Centre for Disease Control (Africa CDC) will receive $100 million from the Wold…

Kenya Airways (KQ) and Virgin Atlantic (VS) have announced an interline agreement to provide greater…

President Uhuru Kenyatta has achieved a lot in his tenure as the Chair of the…